Jyoti CNC Automation Ltd share price target 2024, 2025, 2030, 2040 and 2050

In this article, we delve into a comprehensive analysis of Jyoti CNC Automation Ltd share price targets for the years 2024, 2025, 2026, 2027, 2030, 2040, and 2050. Our examination spans various perspectives, including financial metrics, fundamental analysis, technical analysis, and more.

About

On January 16, 2024, Jyoti CNC Automation was listed on NSE and BSE with a listing price of ₹373, marking a gain of 12.4% from the offer price of ₹315. As of January 20, 2024, the last traded price stood at ₹431.25.

Specializing in the manufacturing of CNC machines in India, Jyoti CNC was founded in January 1991. The company offers a diverse range, including CNC turning centers, milling machines, and more. Notable clients such as ISRO, Brahmos Aerospace, Tata Group, and others have benefitted from their products.

Founded January 199
NSE symbol JYOTICNC
Listing Date16 January 2024
Chairman & MDParakram Jadeja
SectorEngineering
(manufacturing CNC machines)
HeadquartersRajkot, Gujarat

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Financial Details

Jyoti CNC Automation exhibits a Market Cap of ₹9,808 Crores. The stock’s Price to Earnings ratio is 324.5.

Return on Capital Employed (ROCE) is reported at 9.94%, indicating the company’s efficiency in utilizing capital for generating profits. Below our benchmark of 15% is negative sign.

Return on Equity (ROE) stands at -3.17%, suggesting a negative return on shareholders’ equity. It might be good to stay cautious before investing and do proper research and analysis.

The debt-to-equity ratio is 3.25, reflecting the company’s leverage with ₹821 Crores in debt. It might raise concerns for investors.

Foreign Institutional Investors (FIIs) hold 4.94% of the company’s shares, while Domestic Institutional Investors (DIIs) hold 4.28%.

The Earnings Per Share (EPS) is ₹4.57. Notably, Jyoti CNC Automation has experienced significant sales growth, with a growth rate of 24.5% in 2023.

Market Cap₹ 9,808 CrStock P/E324.5
ROCE9.94 %ROE-3.17%
Debt to equity3.25Debt₹ 821 Cr.
FII Holding4.94 %DII Holding4.28 %
EPS₹ 4.57Sales growth 24.5 %
as of 22 Jan 2024

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Financial Statement

As of January 22, 2024, Jyoti CNC Automation’s financial performance over the last three years demonstrates noteworthy trends, each accompanied by year-on-year (YoY) percentage changes:

2023:

  • Net Sales witnessed a substantial increase, reaching ₹929 crores, reflecting a YoY growth of approximately 24.2% compared to ₹746 crores in 2022.
  • Expenses rose to ₹832 crores in 2023, marking a YoY increase of approximately 23.4% from ₹674 crores in 2022.
  • Profit After Tax showed a remarkable improvement, reaching ₹15 crores in 2023, compared to the negative figure of -₹48 crores in 2022.
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2022:

  • Net Sales amounted to ₹746 crores in 2022, representing a YoY growth of approximately 28.9% from ₹580 crores in 2021.
  • Expenses increased to ₹674 crores in 2022, marking a YoY rise of approximately 23.2% from ₹548 crores in 2021.
  • Despite increased Expenses, there was a significant improvement in Profit After Tax, moving from -₹70 crores in 2021 to -₹48 crores in 2022.

2021:

  • Net Sales in 2021 amounted to ₹580 crores
  • Expenses increased to ₹548 crores in 2021
  • Profit After Tax showed a negative figure of -₹70 crores in 2021
Particulars202320222021
Net Sales929746580
Expenses832674548
Profit After Tax15-48-70
as of 22 Jan 2024 (₹ amount in crores)

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Table of Jyoti CNC Automation Ltd Share Price Target

YearMin TargetMax Target
2024₹ 480₹ 502
2025₹ 520₹ 580
2026₹ 601₹ 640
2027₹ 680720
2030₹ 9601008
2040₹ 2780₹ 3124
2050₹ 8148₹ 9230
as of 22 Jan 24

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Jyoti CNC Automation Ltd Share Price Target for 2024:

  • Minimum Target: ₹ 480
  • Maximum Target: ₹ 502

In the upcoming year, the company is anticipated to maintain a price range between ₹ 480 and ₹ 502

Jyoti CNC Automation Ltd Share Price Target 2025:

  • Minimum Target: ₹ 520
  • Maximum Target: ₹ 580

Moving into 2025, the projected price range widens, reaching between ₹520 and ₹580.

Jyoti CNC Automation Ltd Share Price Target 2026:

  • Minimum Target: ₹ 601
  • Maximum Target: ₹ 640

Further into the future, specifically in 2026, the anticipated price range expands to ₹ 601 to ₹640.

Jyoti CNC Automation Ltd Share Price Target 2027:

  • Minimum Target: ₹ 680
  • Maximum Target: 720

By 2027, the company’s share price is expected to aim for a range of ₹ 680 to 720.

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Jyoti CNC Automation Ltd Share Price Target 2030:

  • Minimum Target: ₹ 960
  • Maximum Target: 1008

Looking ahead to 2030, the minimum and maximum targets extend to ₹ 960 and 1008, respectively.

Jyoti CNC Automation Ltd Share Price Target 2040:

  • Minimum Target: ₹ 2780
  • Maximum Target: ₹ 3124

In the long term, by 2040, the company is anticipated to potentially reach a price range between ₹ 2780 and ₹ 3124.

Jyoti CNC Automation Ltd Share Price Target 2050:

  • Minimum Target: ₹ 8148
  • Maximum Target: ₹ 9230

Projected into 2050, the minimum and maximum targets suggest a potential price range of ₹8148 to ₹ 9230

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Positive and Negative Points of Jyoti CNC Automation Ltd

Positive

  • Company narrowed its losses and turned profitable in Mar 2023.
  • As of June 2023 the company has an order book of total amount is ₹3,143 crores, including a ₹260.25 crores order from an EMS company.

Negative

  • Company has a low return on equity of -41.7% over last 3 years.
  • Company ROCE is below than the our benchmark
  • Company ROE is negative which raise concerns for investors

Disclaimer

Investing in stock market is risky and subject to the market condition. This article provides an examination of the company for educational purposes only. We are not SEBI( Stock exchange board of India) registered advisors, and this is not an investment advice. We do not provide tips or calls. Before making any investment decisions, please conduct your own research or consult a qualified financial advisor.

FAQs

Q1. What are the share price targets for Jyoti CNC Automation Ltd in 2024?

The anticipated price range for 2024 is between ₹480 and ₹502.

Q2. What is the projected share price target for Jyoti CNC Automation Ltd in 2025?

In 2025, the projected price range widens to between ₹520 and ₹580.

Q3. What are the expected share price targets for Jyoti CNC Automation Ltd in 2026?

In 2026, the anticipated price range expands to ₹601 to ₹640.

Q4. What are the forecasted share price targets for Jyoti CNC Automation Ltd in 2027?

By 2027, the company’s share price is expected to aim for a range of ₹680 to ₹720.

Q5. What are the share price targets for Jyoti CNC Automation Ltd in 2030?

Looking ahead to 2030, the minimum and maximum targets extend to ₹960 and ₹1008, respectively.